Loan Processor
Position Purpose:
This position is responsible for processing HELOC loan applications accurately, initial set-up of loan files, data entry and assist with processing 1st mortgage loan files as needed.
Essential Functions:
- Communicate with applicants to request required loan processing documents.
- Sets up loan files & ensures accuracy of file contents by collecting employment, financial, property, credit, current debts and monthly expense records.
- Verifies that the information collected is accurate and reflect current values.
- Maintains compliance with all applicable regulatory policies and procedures.
- Assists Home Equity Loan Officer as needed.
- Performs other duties as requested.
Performance Standards:
- Accuracy of the HELOC loan files.
- Organization of the loan files.
- Compliance with all regulatory policies and procedures.
Qualifications:
Education/Certification: High school diploma or GED is required.
Required Knowledge: Basic understanding of MS Office Applications is desired.
Knowledge of lending/processing procedures.
Experience Required: One year of lending/processing experience.
Skills/Abilities: Excellent member service skills.
Able to work with a team.
Excellent verbal and written communication skills.
Excellent analytical, creative and problem-solving skills.
Able to handle stressful situations.
Activities and Requirements of this Position:
Repetitive Motion: Movements frequently and regularly required using wrists, hands, and/or fingers.
Communication Skills: Must frequently convey detailed or important instructions of ideas accurately and quickly.
Visual Abilities: Average visual acuity necessary to read, prepare and inspect documents or products.
Hearing: Able to hear average or normal conversations and receive information.
Physical Strength: Sedentary work (sitting most of the time). Able to lift and carry up to 25 lbs.
Reasoning Ability: Able to apply common sense understanding to carry-out detailed instructions and to deal with problems involving variables.
Mathematics Ability: Able to perform basic math skills including adding, subtracting, multiplying and dividing using a calculator.
Language Ability: Able to write complex sentences using normal word order with present and past tenses, as well as a command of the English vocabulary.
Working Conditions:
Air-conditioned, smoke-free office setting.
Attendance Requirements:
Please note that scheduled attendance requirements may change due to business needs.
Business Hours:
Monday through Saturday. Business hours are subject to change. Must be able to work additional hours, weekends, and holidays as needed.